Euro area banks have cut back on lending, as the pandemic continues to threaten the economy. At the same time, however, big problems are building over their earlier loans to small and medium-sized businesses (SMBs). Get the Full Story Complete the form to unlock this...
In today’s top news, Jack Ma made his first appearance in three months to speak to rural teachers in China, and the new round of the PPP extended $5 billion in loans in its first week. Plus, Goldman Sachs’ earnings revealed a continued push into...
The Chinese government is preparing to crack down on what it views as antitrust behavior in the payments sector by tech giants such as Ant Group and Tencent Holdings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Global investments in healthcare startups set a new record in 2020, reaching $80.6 billion in equity funding. A new report from research firm CB Insights said the 2020 funding was raised in at least 5,500 deals, with growth seen in North America, Asia and Europe....
Globe Fintech Innovations of the Philippines, the FinTech arm of Globe Telecom, landed $175 million in additional venture funding this month. Now, Globe Fintech, known as Mynt, is reportedly on the hunt for more cash — and looking to get a valuation over $1 billion....
In today’s top retail news, Birkenstock is said to be in discussions for a sale to CVC Capital Partners, while Cognira has released its AI Promotion Solution. Plus, Jennifer Lopez is depending on Flowcode for marketing of her new JLo Beauty brand. Get the Full...
In today’s top payments news around the world, ByteDance has launched a mobile payment offering for Douyin, while Dunzo is closing a $40 million Series E funding round. Plus, MGM Resorts International announced that it is ending its bid to purchase the Entain gaming platform....
In today’s top news in digital-first banking, Banque de France has completed its central bank digital currency (CBDC) test, while roughly 60,000 loans were distributed during the first week of the reopened Paycheck Protection Program (PPP). Plus, Goldman Sachs’ CEO says he doesn’t believe the present...
Today in B2B payments, European banks pull back spending, while WEX collaborates with MYOB. Plus, dLocal partners with Dinie, RepSpark partners with PGA and Citi accelerates its ISO 20022 adoption. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
